Governance, Risk & Compliance Generative AI sets the stage for more complex analysis & strategic decision making in risk and compliance 3 August 2023 Artificial intelligence (AI) technology is transforming the nature of risk and compliance-related roles in the finance sector, effectively reducing the mundane and repetitive processes and giving way to more strategic… Read more
Regulatory Intelligence AI and cyber-enabled financial crime tops risk agenda 20 July 2023 Cyber danger tops risk agenda, as AI and cyber-enabled financial crime becoming increasingly complex. Read more
Regulatory Intelligence Generative AI regulations considered for China EU, and US 20 July 2023 The rise of generative AI applications has sparked regulatory reforms the world over as regulators consider generative AI regulations. Read more
Uncategorized How an informant and a messaging app led to huge global crime sting 30 June 2021 It took $100,000 plus expenses, and the opportunity for a reduced prison sentence, for the smartphone developer to collaborate with the FBI. Read more
Governance, Risk & Compliance Thomson Reuters Wins Two Awards for Best Regulatory Change and Compliance Training Solutions 17 December 2020 Thomson Reuters Regulatory Intelligence (TRRI) has scooped two coveted industry gongs at the Regulation Asia Awards for Excellence during an online ceremony on Wednesday evening. The awards were selected by… Read more
Business Transformation FinCEN leaks highlight need for “radical” approach to tackling financial crime 18 November 2020 Governments need to consider taking more “radical” measures to tackle financial crime threats in the wake of the FinCEN Files, even if there is a risk of “intelligence leakage”, an industry poll has found. Read more
Uncategorized FinCEN leaks expose personal risk of AML/CTF compliance enforcement 23 September 2020 An unprecedented leak of thousands of files from the U.S. government’s most confidential financial intelligence database has shone a spotlight on the world’s $2 trillion-a-year dirty money habit. Read more
Governance, Risk & Compliance ANALYSIS: FinCEN leaks will shine spotlight on “effectiveness” of global AML/CFT regime 21 September 2020 The unlawful release of thousands of files from the U.S. financial intelligence unit’s database will shine a spotlight on the effectiveness of the international anti-money laundering (AML) regime, according to consultants with decades of experience in global banks and law enforcement agencies. Read more
Governance, Risk & Compliance Global ‘recalibration’ needed for AML/CTF regime in wake of pandemic 25 June 2020 The gradual phasing out of COVID-19 restrictions will present an unprecedented opportunity to recalibrate and potentially even “reset” the global financial crime compliance framework. The lessons from the pandemic have… Read more